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November 01, 2013, 03:21:23 AM |
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ya cant log on to mine scrypt but my sha256 miners are doing fine not going to d/c then try to reconnect but pool showing >60 mh/s mining scrypt at the time of this post.
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"If you don't want people to know you're a scumbag then don't be a scumbag." -- margaritahuyan
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flound1129 (OP)
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November 01, 2013, 03:23:00 AM |
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Things are mostly recovered now, starting up a few stragglers
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Multipool - Always mine the most profitable coin - Scrypt, X11 or SHA-256!
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STT
Legendary
 Offline
Activity: 3892
Merit: 1413
Leading Crypto Sports Betting & Casino Platform
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November 01, 2013, 04:46:12 AM |
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ok thanks guys, that helps. Would help if I got it straight how all these switches interact, once upon a time I could code so I cant be that much beyond me  |
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TheFuneral
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November 01, 2013, 05:10:43 AM |
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wdc forked
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Jriker1
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November 01, 2013, 01:53:58 PM |
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Did we loose about a third of our hashing power for scrypt when the coin value dropped? Always remember port 7777 being at upper 900MHs. Now always in the 600s
JR
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sudwtf
Newbie
Offline
Activity: 34
Merit: 0
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November 01, 2013, 02:31:45 PM |
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plan on fixing the stats-table sorting anytime soon?
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STT
Legendary
Offline
Activity: 3892
Merit: 1413
Leading Crypto Sports Betting & Casino Platform
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November 01, 2013, 03:55:48 PM |
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Biffa
Legendary
Offline
Activity: 3220
Merit: 1220
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November 01, 2013, 10:54:50 PM |
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Added a few Gh to the BTC pool  |
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flound1129 (OP)
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November 02, 2013, 07:45:59 AM |
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Did we loose about a third of our hashing power for scrypt when the coin value dropped? Always remember port 7777 being at upper 900MHs. Now always in the 600s
JR
We've lost around 150MH or so in the past couple weeks. We were generally only over 900 while mining some coins that already had a decent amount of dedicated miners. Not sure if it's people going back to dedicated LTC (or other coin) mining, or people shutting down their GPUs because it's not profitable anymore. |
Multipool - Always mine the most profitable coin - Scrypt, X11 or SHA-256!
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flound1129 (OP)
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November 02, 2013, 07:46:52 AM |
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BTC minimum auto threshold set to 0.01 coins. BTC withdrawals under 0.01 will be subject to a fee of 0.001 BTC.
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Multipool - Always mine the most profitable coin - Scrypt, X11 or SHA-256!
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Jriker1
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November 02, 2013, 12:54:30 PM |
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Did we loose about a third of our hashing power for scrypt when the coin value dropped? Always remember port 7777 being at upper 900MHs. Now always in the 600s
JR
We've lost around 150MH or so in the past couple weeks. We were generally only over 900 while mining some coins that already had a decent amount of dedicated miners. Not sure if it's people going back to dedicated LTC (or other coin) mining, or people shutting down their GPUs because it's not profitable anymore. I'm not sure how it was ever profitable. Maybe way back. I do not pay for electricity and am still struggling to break even on my $1k worth of cards let alone be profitable. For me just worth having the cards keep mining in the hopes to break even. Scrypt is worth half or less what it used to be, but BTC has doubled, so can get the same amount back for selling .5 BTC as I used to for 1 BTC. To me it seems to be a wash from today and before some Chinese company said they will take BTC as payment and now all of a sudden BTC is through the roof. Still never quite understood why that was something we should all consider this big of a deal. Accepting as a legit currency is nice, but swinging the dial that far? JR |
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disclaimer201
Legendary
Offline
Activity: 1526
Merit: 1001
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November 02, 2013, 03:08:44 PM |
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It depends when you bought the gpus. Of course, if you just bought them recently, you will struggle hard just to break even. Most miners have been mining litecoin and before that bitcoin with their cards. I myself paid off my cards in late 2011 with rather small profit margins back then (meaning selling 1 BTC for 5 bucks, ouch). People have been discussing the end of gpu mining for years now. I'm surprised it's still around. Maybe there will be a tiny gpu revival if primecoins can be mined via gpu. Or if litecoin indeed some day reaches double digits. Otherwise I'd guess less and less miners will (be able to) keep it up, perhaps a small minority might continue no matter what. So, unless prices shoot up like crazy I'm planning a slow exit strategy for the next 6 months. 5870 collectors' items anyone?
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TheQuin
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November 02, 2013, 03:21:09 PM |
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^^ Agree.
You won't be able to recover the cost of buying GPUs but if you have already got them then that is a different matter. You may be able to sell them for a decent price if they are still desired by gamers.
With the current price of scrypt coins only miners with the cheapest electricity can make more than the power costs. This causes some to drop out and the difficulty to go down. If prices go up, more miners come back in and difficulty goes up. It's a self regulating system that means it's never going to make much for you unless you have free power (I mean solar etc. not stealing it from your workplace or landlord).
I switched my last 5850 off a couple of weeks ago, but the weather has turned cold and an extra 150w heater is welcome, this one provides a little coin as well as heat, so I turned it back on.
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Icon
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November 02, 2013, 04:28:54 PM |
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Yep and check the diff on NVC you could mine 4 or 5 times more other coins in the time it took you to mine 1 NVC. Just off the top of my head, but you could probable mine 3 or 4 ltc in the time it would take you to mine 1 NVC coin. |
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Biffa
Legendary
Offline
Activity: 3220
Merit: 1220
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November 02, 2013, 07:17:21 PM |
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BTC minimum auto threshold set to 0.01 coins. BTC withdrawals under 0.01 will be subject to a fee of 0.001 BTC.
Shouldn't my BTC total be slowly incrementing upwards as I mine? I've got 9489408 valid round shares and 0 invalid but I've got 0.00000000 BTC earned after nearly 20 hours of mining. On other pools I would have slowly been creeping towards 1 BTC and my total BTC would be increasing incrementally as I mined. Thanks |
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Pentel
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November 02, 2013, 07:35:04 PM |
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The pool as not found a block yet, so you/we haven't been paid yet.
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Biffa
Legendary
Offline
Activity: 3220
Merit: 1220
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November 02, 2013, 07:57:09 PM |
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The pool as not found a block yet, so you/we haven't been paid yet.
So effectively we are almost solo mining with a pool this small? |
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Pentel
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November 02, 2013, 08:49:10 PM |
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This pool only as about 2-3Th/s compered to other Bitcoin sites, but the pool also mine other sha256 coins which hopefully help out. It wouldn't be so bad if we found a block ever 3-4 days, but it just hasn't happened yet  The good thing is, is that you got more of a share of the block when we do find it, 'cos there is only about a hundred or so people mining sha-256! |
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TheQuin
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November 02, 2013, 09:08:12 PM |
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This pool only as about 2-3Th/s compered to other Bitcoin sites, but the pool also mine other sha256 coins which hopefully help out. It wouldn't be so bad if we found a block ever 3-4 days, but it just hasn't happened yet The good thing is, is that you got more of a share of the block when we do find it, 'cos there is only about a hundred or so people mining sha-256! Posting those comments here https://bitcointalk.org/index.php?topic=311067 might get noticed and bring more miners in. |
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